Auto Makers Archives — Page 2 of 3

January 28, 2022 No Responses

Nissan Alliance To Invest $25b In Electric Vehicles

The Nissan auto alliance said Thursday it will invest more than $25 billion in electric vehicles over the next five years, marking the latest massive cash injection into the fast-growing sector by the auto industry.Nissan, Renault and Mitsubishi Motors said the latest outlay followed $11 billion already ...

January 6, 2022 No Responses

2021: Toyota Overtakes GM To Lead US Auto Sales

Japanese carmaker Toyota led US automobile sales in 2021, overtaking General Motors for the first time as a shortage of semiconductors roils the car industry. Toyota sold 2.332 million vehicles in the United States in 2021, compared w...

October 22, 2021 No Responses

Russia To Export Premium Cars To Middle East, Africa In 2022

Russia will begin exporting its premium car Aurus to the countries of the Middle East and North Africa next year, Adil Shirinov, the company’s Chief Executive Officer, has said. “I think that it [export] will definitely start next ...

October 1, 2021 No Responses

Peugeot Loses Patent Case Against Piaggio

Peugeot Motorcycles, owned by Mahindra & Mahindra has been banned from selling three-wheeled scooter Peugeot Metropolis in France and Italy.Meanwhile, Courts in Paris and Milan have also slapped penalties on the French co...

July 23, 2021 No Responses

Toyota, Suzuki, Daihatsu Explore Electric Vehicle Venture

Suzuki Motor Corporation and Daihatsu are joining a commercial electric vehicle coalition led by Toyota Motor Corporation, the carmakers announced on Wednesday, helping the Japanese alliance expand its focus from trucks to smaller cars.The two automakers ...

July 19, 2021 No Responses

Paris Auto Show, Equip Auto Unveil 2022 Agenda

The PARIS MOTOR SHOW (MONDIAL DE L’AUTO), and the EQUIP AUTO trade show at the weekend announced the launching of the Paris Automotive Week scheduled for 2022. A statement explained that the two flagship events in the automotive industry will come.....

June 30, 2021 No Responses

Electric Car Sales Surge As Climate Targets Bite

One in every nine new cars sold in Europe last year was an electric or plug-in hybrid vehicle, with low-emission car sales surging even as the COVID-19 pandemic knocked overall vehicle sales, the European Environment Agency said on Tuesday.The uptick in e...

June 13, 2021 No Responses

Hyundai Creta Emerges Top Seller In May, Overtakes Suzuki Swift

Hyundai Creta Sports Utility Vehicle (SUV) has emerged as the top seller in May, 2021, in India with 7,527 units, ahead of Suzuki Swift which reported 7,005 units.Swift has been in the top 10 best-seller list since 2008. “Maruti Suzuki do...

May 23, 2021 No Responses

Nissan, Suzuki To Curtail Production In June

A global chip shortage is forcing Nissan Motor Co and Suzuki Motor Corp to temporarily halt production at some plants in June, sources with direct knowledge of the plans told Reuters.Nissan Motor Co will idle its factory in Kyushu, southern Japan, for th...

May 19, 2021 No Responses

Jaguar Land Rover Explains $1b Loss

Jaguar Land Rover’s (JLR) owner Tata Motors announced a surprise quarterly loss of more than $1bn (£700m). It came as the Indian company wrote off $2.05bn related to its revamp of the UK-based luxury car business. It also warned that...

May 15, 2021 No Responses

Hyundai, Kia To Suspend Plants

Hyundai Motor and its affiliate Kia said on Friday they will suspend some of their assembly lines for several days next week due to semiconductor shortages.Hyundai Motor plans to halt the No. 5 Ulsan plant, which produces the Tucson sport utility vehicle an...

May 3, 2021 No Responses

Ford, BMW Lead $130m Investing Round In Solid-State Battery Startup

Ford Motor Co and BMW AG are leading a $130 million funding round in a solid-state battery startup, Solid Power, as carmakers push to lower the cost of electric vehicles by investing in the development of affordable but powerful rechargeable batteries, the ...

April 23, 2021 No Responses

Tokyo Motor Show Cancelled, First Time In 67 Years

The Tokyo Motor Show has been cancelled for the first time in its 67-year history due to rising coronavirus virus cases. The cancellation of the event comes even as the organisers of the Summer Olympics push ahead with their plans. It...

October 30, 2020 No Responses

Kia Reveals Combat Vehicle Prototype

Kia Motors Corporation has revealed its plans for the development of a new standard platform for next-generation military vehiclesKia Motors plans to start manufacturing prototypes of mid-sized standard vehicles within this year and take the test evaluations b...